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effects on physical capital, employment and productivity through a production function. On the basis of reforms defined as … observed changes in policies, the paper finds that product market regulation has the largest overall single policy impact five … market regulation. The paper also shows that policy impacts can differ at different horizons. The overall long-term effects …
Persistent link: https://www.econbiz.de/10011657141
businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital … deepening could be established. But looser labour market regulation is found to go hand in hand with higher employment rates …. More competition-friendly regulations, as measured by the OECDs’ Product Market Regulation (PMR) indicator improve economic …
Persistent link: https://www.econbiz.de/10011815814
-factor productivity, capital deepening and employment) for an almost complete set of OECD countries, ii.) non-linear results on how …
Persistent link: https://www.econbiz.de/10012425684
group of structural policies, typically those where the transmission mechanism depends mainly on productivity and capital …
Persistent link: https://www.econbiz.de/10013427751
The productivity-enhancing effects of digitalisation have generated increased interest in the promotion of digital … technologies. This report provides different estimations for euro area countries of the impact of digital uptake on productivity at … firm level, showing that the adoption of digital technologies could lead to an increase in firms' productivity in the …
Persistent link: https://www.econbiz.de/10014565155
Labor productivity (LP) in the United States has gone from being procyclical to acyclical since the mid-1980s. Using … industry-level data, this paper first shows that total factor productivity (TFP), which is LP net of capital deepening, has … reasons for the change in the cyclicality of productivity. By decomposing TFP into technical change and input utilization, it …
Persistent link: https://www.econbiz.de/10010507638
very important - but specific - function in the economy. They engender relatively much employment creation, productivity … answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …, and (iii) productivity and growth, relative to the contributions of the entrepreneurs' counterparts, i.e. the 'control …
Persistent link: https://www.econbiz.de/10010276297
“polarization,“ causing low-productivity firms to exit the market while others temporarily distort their employment upward …We examine effects of government-imposed employment targets on firm behavior. Theoretically, such policies create …. Dynamically, firms are incentivized to improve productivity to meet targets. Using novel data from East German firms post …
Persistent link: https://www.econbiz.de/10015324437
unemployment rate climbed to unprecedented levels and the growth rate of productivity decreased considerably. More recent times …
Persistent link: https://www.econbiz.de/10010274696
of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output … country data to study the effect of product market regulation and reform on a country's macroeconomic performance. After a …
Persistent link: https://www.econbiz.de/10010267501